Individual Responsibility and the Funding ofCollective Goods

When a deficit occurs in the funding of collective goods, it is usually covered by raising theamount of taxes or by rationing the supply of the goods. This article compares the efficiencyof these institutions. We report the results of a 2x2 experiment based on a game in the firststage of which subjects can voluntarily contribute to the funding of a collective good that isbeing used to compensate the victims of a disaster...

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Year of publication:	2007-09-01
Authors:	Lévy-Garboua, Louis ; Montmarquette, Claude ; Villeval, Marie-Claire
Institutions:	Forschungsinstitut zur Zukunft der Arbeit <Bonn>
Subject:	Besteuerung \| optimal taxation \| Verantwortung \| Bewirtschaftung \| rationing

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Extent:	559104 bytes 43 p. application/pdf
Series:	IZA - Forschungsinstitut zur Zukunft der Arbeit - Discussion Papers IZA Discussion Paper ; No. 3041 (2007)
Type of publication:	Book / Working Paper
Language:	English
Classification:	C91 - Laboratory, Individual Behavior ; H21 - Efficiency; Optimal Taxation ; H30 - Fiscal Policies and Behavior of Economic Agents. General ; H41 - Public Goods ; H50 - National Government Expenditures and Related Policies. General ; Corporate finance and investment policy. General ; Individual Working Papers, Preprints ; No country specification
Source:	USB Cologne (business full texts)

Persistent link: https://www.econbiz.de/10005861864